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UK travel giant Thomas Cook collapses

Economy Staff Writer -
The 178-year-old operator had been seeking £200 million ($250 million) from private investors to save it from collapse. British travel giant Thomas Cook declared bankruptcy...

No need to strike trade deal with China before 2020 elections, says Donald Trump

Economy Staff Writer -
The trade dispute between the US and China widened in August, with each side imposing retaliatory tariffs on the other. But there have been...

Sensex zooms past 1,900 points after finance minister’s tax booster

Economy Staff Writer -
Top gainers in the Sensex pack in early trade included Yes Bank, HDFC Bank, Maruti, Hero MotoCorp, Kotak Bank, HUL, M&M, Bajaj Auto and...

Gold little changed after Fed outlook disappoints

Economy Staff Writer -
The Fed lowered interest rates for a second time this year in a 7-3 vote on Wednesday but signalled further cuts are unlikely as...

Donald Trump is biggest risk to world economy, says Philippine central bank governor

Economy Staff Writer -
A former economics professor who took the helm of the central bank in March, Diokno said the US economy is growing due to the...
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